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Technology Stocks : All About Sun Microsystems

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To: David Howe who wrote (41839)	3/8/2001 4:35:47 PM
From: David Howe	of 64865

bigcharts.com This note by Merrill would worry me if I were a SUNW shareholder. << 3:19PM Merrill cautious on Sun by Julie Rannazzisi Shares of Sun Microsystems (SUNW) tumbled 8.5 percent. The steep decline came as Merrill Lynch issued a cautious note on the company. Analyst Thomas Kraemer said key contacts tell him that Sun's largest resellers are carrying almost 3 times the amount of inventory that would be normal. "These same contacts suggest that server demand in general remains weak and continues to disappoint their already downward revised plans. This explains Sun's cautious revenue and gross margin forecasts and could mean further pressure on numbers. This demand outlook isn't good for IBM (IBM) or Hewlett Packard (HWP) either," the analyst commented. >>

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